IFRB 2025/09

BDO has published IFRB 2025/09 IASB issues Translation to a Hyperinflationary Presentation Currency (Amendments to IAS 21).

On 13 November 2025, the International Accounting Standards Board (IASB) issued Translation to a Hyperinflationary Presentation Currency, which amended IAS 21 The Effects of Changes in Foreign Exchange Rates (the Amendments). The Amendments specify the translation procedures for translation from a functional currency that is the currency of a non-hyperinflationary economy into a presentation currency that is the currency of a hyperinflationary economy. The Amendments address both translation of financial statements of an entity and translation of a foreign operation in this situation.

BDO’s IFR Bulletin provides the background of the issue being addressed by the Amendments and summarises the requirements of the Amendments.

BDO in Ukraine helps businesses stay up to date with the latest developments in IFRS Accounting Standards. Our experts are ready to provide practical guidance on implementing the amendments, assist in updating accounting policies, and adapt financial statements to the new requirements. We also offer audit services and consultations on the implementation of IFRS Accounting Standards. Please contact us for further information.

Source: BDO Global